Nearly half of the cheques, DDs sent to Kerala CM's Distress Relief Fund dishonoured

The high number of dishonoured cheques proves that there were many out there vying for publicity during the floods, said chief minister Pinarayi Vijayan.

Published: 21st January 2019 02:23 AM  |   Last Updated: 21st January 2019 04:44 AM   |  A+A-

Kerala Chief Minister Pinarayi Vijayan (File | EPS)

By Express News Service

KASARGOD: Nearly half of the cheques and demand drafts (DD), in terms of value, sent to the Chief Minister’s Distress Relief Fund (CMDRF) following the mid-August floods were dishonoured by the banks, said chief minister Pinarayi Vijayan.

Till November 30, the CMDRF received cheques and demand draft worth Rs 7.46 crore, he said, in a reply to an unstarred question raised by Kasargod legislative member N A Nellikkunnu in the Assembly. Of that, 395 cheques and demand draft worth Rs 3.26 crore were dishonoured at the banks, the chief minister said.
Nellikkunnu said many persons and organisations issued cheques to get the 15-minute fame during the floods. “The high number of dishonoured cheques proves that there were many out there vying for publicity during the floods,” he said.

On the bright side, the CMDRF received a total of Rs 2,797.67 crore till November 30, 2018; most of the money came in cash.

Of this, Rs 260.45 crore came via online transfer and Rs 2,537.22 crore was in cash, cheque and DD. On the expenditure, he said Rs 457.23 crore was spent as contingency aid during the floods.

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Comments(2)

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  • Ramakrishna

    How does a DD get dishonoured at a Bank? Was the 3month validity for presentation to the bank followed in all these cases?
    27 days ago reply
  • Hariharan.D

    Pinarayi Vijayan has to work hard to reinstate the damaged buildings. It is known that out of 2797.23 crore only 457.23 is spent and getting all the hatred from the public.
    28 days ago reply
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